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    Business Economics
  4. Exam
    Exam 7: Understanding Terms of Trade and International Trade Policies
  5. Question
    Terms of Trade of Less Developed Countries Are Generally Unfavourable
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Terms of Trade of Less Developed Countries Are Generally Unfavourable

Question 3

Question 3

Multiple Choice

Terms of trade of less developed countries are generally unfavourable because


A) They export primary goods
B) They export capital goods
C) They export few goods
D) They import few goods

Correct Answer:

verifed

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